How will President Bush’s tax plan affect household and government budgets as well as the U.S. economy? To answer that question, the Heritage Foundation’s Centre for Data Analysis (CDA) conducted a dynamic simulation of the plan’s tax relief proposals. Heritage analysts found the Bush plan would significantly increase economic growth
Economists have long contended that imposing a minimum wage above a market-established level will destroy jobs. But several years ago, U.S. economists David Card and Alan Krueger looked at the effects of a big minimum wage increase in New Jersey in 1992 and came to the conclusion that it actually
The Clinton administration followed an aggressive, activist antitrust policy best illustrated by its attempt to break up Microsoft. With the new Bush administration in place, legal scholars are calling for a more reasoned approach that would focus on the initial goal of the Sherman Act: combating price-fixing agreements among
The 1990s were not good years for Japan’s economy. During the last decade, a stock market crash, a real estate meltdown, two recessions and a serious regional crisis hit Japan. It is widely believed that the cause is government-directed investment policies that encouraged a high level of investment at the
In labs around the world, researchers are attempting to create marijuana pills, aerosols, injections and sprays that don’t carry with them marijuana’s psychological effects.
They must overcome the problem that the same ingredient, known as THC, which appeals to pot smokers is also the one that holds promise as a medicine.
By 2050, the U.S. will be the only developed country among the world’s 20 most populous nations, predicts a U.N. study conducted by an international team of demographers. They say the world is witnessing a huge population shift to the third world.
As recently as 1950, at least half of
Many lives could be saved if a simple mathematical technique used since the 1920s to check quality control in car manufacture were to be applied to adverse events or performance results of hospitals, says a British team.
The approach could easily have picked up a clear excess of childhood deaths
The slowing U.S. economy is altering workers’ and consumers’ behaviour and doing so in ways that carry certain advantages.
Estate agents report that homes are becoming more affordable and bidding wars, such as those that made news in California’s Silicon Valley in 1999 and 2000, are dying out.
Co-education is out and all-boy or all-girl classes are in at Campus School, a public school on the grounds of the University of Memphis, Tennessee. The experiment is operated by the College of Education as a laboratory for teaching grades one to six.
In its first year of operation, parents, teachers
While the first round of internet hype has given way to e-depression in some quarters, the real Internet wars are just beginning, says columnist Thomas L. Friedman. The real Internet wars happen when all the old-line companies, with real assets, real size and real business models, fully absorb the Internet
